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U.S. biggest retailer Walmart, to create its own cryptocurrency and NFTs

2022.01.17
Bloomberg at 16th local time, reported that U.S. biggest retailer Walmart is preparing to create its own cryptocurrency and NFTs, filed a total of 7 trademark applications with the United States Patent and Trademark Office in December last year.

According to the media, Walmart, to respond to the emerging metaverse, will provide its own cryptocurrency and NFTs and utilize it in virtual and augmented reality medical service and education.

Walmart agent explained that they are on investment about how the new technology will get involved with the future shopping experience. Brett Biggs, CFO of Walmart said in December last year, “If customer requests, we will enable the virtual assets payment system, but we will not be hurried.”